You should stop believing anything a toxic lender says. He is full of crap, and his claim of the vote for dealers has anything to do with his case is 100% wrong. The new vote was held in February 2024, which is years after the SEC starting going after, and beating, the toxic lenders. The new rule also does not change the rule that Kramer is complaining about, so the SEC's position regarding toxic lenders is unaffected. It instead is being applied to OTHER types of traders, and really has no relationship to his case at all.
Instead, it is just more intentional obfuscation by Kramer to try to drum up support for himself by fooling the stupid and ignorant, and those that hate the SEC by nature and think everything they and the government does is oppressive and wrong.
